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ONDC to witness 7x- 8x transactions by Dec 2025 versus Dec 2024: MD Koshy

YourStory LogoYourStory11h ago

ONDC to witness 7x- 8x transactions by Dec 2025 versus Dec 2024: MD Koshy - YourStory

Quick Summary:

Open Network for Digital Commerce is looking to innovate its core category, Mobility with additional offerings beyond ride-hailing.

Multi modal transactions on the platform are more complex, as they involve three or more modes of transportations. The offering is still in very early stages and is expected to take some time to ramp up, explained Nair.

Of these, around 20 are processing over 1,000 transactions daily.


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Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 09:54:45 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 330 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24429743

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About YourStory

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 11 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #44

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